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The Personal Finance Conversation to Have with Aging Parents
The Personal Finance Conversation to Have with Aging Parents Why Conversations with Aging Parents Matter Many adults in their 40s and 50s begin facing new responsibilities as their parents age. While it can feel like a distant concern, the reality is different—you will need to have a personal finance conversation with aging parents about decisions
Read More How to Keep Money From Destroying Your Marriage
How to Keep Money From Destroying Your Marriage Money is rarely just about money. If you look a little deeper, you’ll discover it’s often about power, safety, freedom, control, trust, and sometimes childhood wounds we haven’t quite healed. So when two people with different financial values try to build a life together, it’s no
Read More 3 Financial Moves Every Newly Married Couple Should Make
3 Financial Moves Every Newly Married Couple Should Make Marriage is a major life milestone — emotionally, legally, and financially. Between the wedding planning and honeymoon bliss, it’s easy to put off money conversations. But those early months of marriage are the perfect time to align your finances and build a strong foundation for your Read More Should I Follow a CFP® or CPA on Social Media?
Should I Follow a CFP® or CPA on Social Media? Should I follow a CFP® or CPA on social media? It depends. We all love hearing the phrase "it depends," which doesn't quite answer your question. However, let’s look at a few different scenarios to help you determine your situation and explore the differences Read More Family Finance: Building Savvy Money Skills Together
Family Finance: Building Savvy Money Skills Together Whether we like it or not, every family is involved in its own version of a "family business"—the business of managing finances across generations. We worry about our parents running out of retirement savings, save for our children's education, and navigate our own financial role in both of Read More Taxes on Winning a Snowboard or Mountain Bike Competition
Taxes on Winning a Snowboard or Mountain Bike Competition Winning a snowboard or mountain bike competition can be an exhilarating experience. Not only do you gain recognition and possibly a coveted trophy, but you might also walk away with a valuable prize such as a high-end snowboard or mountain bike. However, amidst the excitement, Read More Financial Planning for Extreme Sports Athletes
Financial Planning for Extreme Sports Athletes Extreme sports athletes live lives filled with adrenaline and adventure, pushing their bodies to the limits in pursuits like mountain climbing, surfing, snowboarding, and skydiving. While these athletes excel in their disciplines, the financial aspects of their careers are often complex and unique, requiring careful planning and management Read More Can you transfer a 529 plan from child to grandchild?
Can You Transfer A 529 Plan From Child To Grandchild? Financial planning is not only about securing our own future but also about creating a lasting legacy for generations to come. One avenue many parents consider for this purpose is helping with college expenses, and a popular way to save is using a 529 plan. Read More Estate Planning Essentials
Estate Planning Essentials What You Need to Know It’s never too early to think about estate planning. But many people don’t want to think about it, even though it’s likely one of the most important decisions you can make for yourself and your family. Caring.com’s 2023 Wills and Estate Planning Study found that two Read More Financial Advisors Guide: UTMA And UGMA Accounts For Kids
Financial Advisors Guide: UTMA And UGMA Accounts For Kids In the realm of financial planning and estate management, parents and guardians seek various avenues to secure their children’s future. Among these options, Uniform Transfers to Minors Act (UTMA) and Uniform Gifts to Minors Act (UGMA) accounts stand out as popular tools for gifting assets
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